Wed, Nov 01, 2017
The device is designed as an electronic calculator to make it easy for shopkeepers to use them.
Mon, Sep 18, 2017
Google finally launched Tez mobile payment app which is integrated with UPI. This comes a day after Airtel Payment Bank announced tie-up with UPI.
Fri, Aug 25, 2017
Mobile wallets that were glorified during the demonetisation era were just 1% of overall value transactions in FY17.
Thu, Apr 27, 2017
With the launch of UPI on Samsung Pay, users can create their unique virtual addresses @pingpay enabling them to make seamless bank to bank transfers.
Wed, Apr 05, 2017
Facebook owned messaging app, Whatsapp may soon launch Unified Payments Interface (UPI) to promote peer-to-peer payment on its platform among other payment modes.
Whatsapp that has 200 million users in India would have its own mobile wallet which could be out in a matter of six months.
Fri, Mar 10, 2017
The Ministry of Electronics and Information Technology has released a set of draft guidelines for digital wallet companies on Wednesday as part of its efforts to promote electronic payments.
Mobile payment company Paytm on Friday announced withdrawal of 2% fee charged on adding money to mobile wallets via credit cards.
Tue, Mar 07, 2017
The survey said, “Consumers are of the opinion that instead of reducing the cost of digital transactions, private banks are trying to show the stick to the customer and forcing them to go digital. Consumers are very concerned with the cost of digital transactions and many of them have reported that merchants are still charging 2% additional for debit, credit or wallet transactions.”
Mon, Mar 06, 2017
One of the reasons could be the rise in cash withdrawals since January 2017. RBI data show that people have already started withdrawing cash from their bank accounts in large numbers which has led to slowdown in digital transactions.
Fri, Feb 24, 2017
Freecharge that was just behind Paytm before demonetisation, but failed to capitalise on the opportunity quickly.
Thu, Jan 19, 2017
Security has mobile wallets and point-of-sales (POS) devices has been coming under serious attacks post demonetisation.
Wed, Jan 04, 2017
The minister highlighted areas including cyber security where the technology giant could play a bigger role.
Fri, Dec 30, 2016
Post-demonetisation, e-wallet or mobile-wallets (m-wallet) started gaining momentum due to the severe cash crunch on account of 86% of currency being made illegal overnight.
Thu, Dec 22, 2016
Prime Minister Narendra Modi shocked the country on Nov. 8 by abolishing 500 and 1,000 rupee notes, which accounted for 86% of the cash in circulation. The move was aimed at cracking down on the shadow economy, but has brought India`s cash economy to a virtual standstill.
Fri, Dec 02, 2016
While mobile wallets, banks are looking to grow their digital payment systems, there are still many risks which they have not yet taken care of.
Thu, Dec 01, 2016
Mobile wallet and online payment system, MobiKwik’s mobile app – MobiKwik Lite registered 20 lakh downloads in the first two days after its launch owing to demonetisation and the current cash crunch.
Tue, Nov 22, 2016
While mobile wallet companies are in an overdrive to capitalise on demonetisation by large marketing campaigns, many have not create a solution for feature phone users in India.
Mon, Nov 21, 2016
While the consultation paper throws open the door to many options to increase Wi-Fi hotspots, it doesn't get into details of how this will actually work out.
Fri, Nov 18, 2016
The company has seen a sudden surge in retail store transactions after the demonetisation of Rs 500, Rs 1,000 notes.
Thu, Nov 10, 2016
While mobile wallets came out immediately with figures of how much people have increased using their services after PM Modi's announced, the fundamental question still remains whether people will revert to buying using cash once they have exchanged their currency.
Wed, Nov 09, 2016
The demonetisation move by the government which left old Rs 500 and Rs 1,000 notes illegal tenders from midnight of November 8 made people switch preferences to e-wallets like Paytm and debit or credit card transactions.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.